Retirement plan

SERIOUSFUN CHILDREN'S NETWORK, INC. DEFINED CONTRIBUTION RETIREMENT PLAN

Name: SERIOUSFUN CHILDEN'S NETWORK, INC. - SERIOUSFUN CHILDREN'S NETWORK, INC. DEFINED CONTRIBUTION RETIREMENT PLAN (2015) Form 5500
Creator: SERIOUSFUN CHILDEN'S NETWORK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SERIOUSFUN CHILDREN'S NETWORK, INC. DEFINED CONTRIBUTION RETIREMENT PLAN, SERIOUSFUN CHILDEN'S NETWORK, INC.

SERIOUSFUN CHILDEN'S NETWORK, INC.EIN 31-1794455Plan #001PY 2015

228 SAUGATUCK AVENUE - WESTPORT, CT 06880203-562-1203seriousfun.orgLinkedIn11-50 employeesindividual & family services

Other plans on this EIN

1 filing

#002Retirement-$1.2M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$909K

No prior year

Total participants

No prior year

Average account balance

$19,350

No prior year

Annual return

2.09%

No prior year

Benchmarks

See 26,342 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,342 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$7.03M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$102K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

197.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$571K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.11%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$4286

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L2T

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$261K

$12424 / participant

Other / not subdivided$261K100.0%

% of EOY assets

28.688%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,350

$84,697-77.2%

$73,845-73.8%

$125,393-84.6%

Participation rate

90.5%

76.8%+13.7pp

73.4%+17.0pp

83.2%+7.3pp

Annual return

2.09%

3123.66%-3121.6pp

2267.91%-2265.8pp

282.23%-280.1pp

Employer contribution / active EE

$8,246

$3,123+164.0%

$2,788+195.8%

$4,866+69.5%

Participant deferral / active EE

$3,993-100.0%

$3,583-100.0%

$5,351-100.0%

Admin fee / account holder

$5,551

$5,692-2.5%

$4,881+13.7%

$9,541-41.8%

SERIOUSFUN CHILDREN'S NETWORK, INC. DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SERIOUSFUN CHILDREN'S NETWORK, INC. DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion